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Sold for $3,475,000
    • $3,475,000

    1255 N GULFSTREAM AVENUE #1501, SARASOTA, FL 34236

    4beds
    3,943sqft
    Condominium
    Built in 1982
    -- sqft lot
    $3,461,800 Zestimate®
    $881/sqft
    $7,166 Estimated rent

    Home value

    $3,461,800

    $3.18M - $3.77M

    $7,166/mo

    Zestimate® history
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    What's special

    Fully reimagined penthouse
    Perched atop Bay Plaza with sweeping views over Sarasota Bay and the downtown skyline, this fully reimagined penthouse offers a level of finish and livability rarely seen in the market. Taken down to the studs and meticulously rebuilt, every inch has been thoughtfully curated with true custom craftsmanship, resulting in a home that feels both refined and effortless. The expansive floor plan is designed for both everyday living and exceptional entertaining, with main living areas that flow seamlessly toward the water and skyline beyond. Walls of glass fill the home with natural light, while multiple terraces extend the living experience outdoors. At the heart of the residence, a true chef's kitchen features top-tier appliances, custom cabinetry, and a layout designed for both function and gathering. A thoughtful split layout creates a private guest wing, while the primary suite, accessed through a dramatic 9 pivot door, offers a quiet retreat finished with the same level of detail seen throughout. Every finish and material reflects a level of quality typically reserved for custom homes, with bespoke millwork and integrated systems throughout. Completing the offering are three secured parking spaces, a rare a rare feature in downtown living, along with full-service amenities and white glove service, all moments from Sarasota's best dining, waterfront, and cultural attractions. A true penthouse in every sense.

    Zillow last checked:

    Listing updated:

    Listed by:

    Steven Moore 401-767-7180,

    MICHAEL SAUNDERS & COMPANY 941-951-6660

    Bought with:

    Mackenzie Longueuil, 3255391

    MICHAEL SAUNDERS & COMPANY

    Source: Stellar MLS,MLS#: A4687326MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Area: 651.31 Square Feet
    • Dimensions: 34.1x19.1
    Bedroom 2
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    Bedroom 3
    • Features: Walk-In Closet(s)
    • Level: First
    Bedroom 4
    • Features: Walk-In Closet(s)
    • Level: First
    Dining room
    • Level: First
    • Area: 214.2 Square Feet
    • Dimensions: 11.9x18
    Kitchen
    • Level: First
    Living room
    • Level: First
    • Area: 672.08 Square Feet
    • Dimensions: 27.1x24.8
    Media room
    • Level: First
    • Area: 264.26 Square Feet
    • Dimensions: 14.6x18.1
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Convection Oven, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
    • Laundry: Inside, Laundry Room
    Features
    • Built-in Features, Ceiling Fan(s), Eating Space In Kitchen, Elevator, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
    • Flooring: Tile
    • Doors: Sliding Doors
    • Windows: Blinds, Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 4,593
    • Total interior livable area: 3,943 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Assigned, Under Building
    • Attached garage spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Other
    • Exterior features: Balcony, Rain Gutters, Sidewalk
    • Has view: Yes
    • View description: City, Water, Bay/Harbor - Partial
    • Has water view: Yes
    • Water view: Water,Bay/Harbor - Partial
    Lot
    • Features: City Lot, Sidewalk
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Parcel number: 2027053106
    • Zoning: DTB
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Florida,Mid-Century Modern
    • Property subtype: Condominium
    Materials
    • Stucco
    • Foundation: Pillar/Post/Pier
    • Roof: Concrete
    Condition
    • Completed
    • New construction: No
    • Year built: 1982

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected

    Community & HOA

    Community
    • Features: Buyer Approval Required, Clubhouse, Fitness Center, Pool
    • Pet fee: $0 monthly
    • Subdivision: BAY PLAZA
    HOA
    • Has HOA: No
    • Amenities included: Clubhouse, Fitness Center, Pool, Sauna, Spa/Hot Tub
    • Services included: Community Pool, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pool Maintenance, Recreational Facilities, Security
    • HOA fee: $3,456 monthly
    • HOA name: Robert Malan
    • HOA phone: 941-365-2448
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $881/sqft
    • Tax assessed value: $2,244,900
    • Annual tax amount: $33,716
    • Date on market: 3/24/2026
    • Cumulative days on market: 23 days
    • Listing terms: Cash,Conventional
    • Ownership: Condominium
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved, Asphalt

    Price history

    DateEventPrice
    6/4/2026Sold$3,475,000-10.3%$881/sqft
    Source: Stellar MLS #A4687326 Report a problem
    4/17/2026Pending sale$3,875,000$983/sqft
    Source: Stellar MLS #A4687326 Report a problem
    3/24/2026Listed for sale$3,875,000-8.8%$983/sqft
    Source: Stellar MLS #A4687326 Report a problem
    12/1/2025Listing removed$4,250,000$1,078/sqft
    Source: Stellar MLS #A4632665 Report a problem
    8/14/2025Price change$4,250,000-9.6%$1,078/sqft
    Source: Stellar MLS #A4632665 Report a problem
    4/16/2025Listed for sale$4,700,000$1,192/sqft
    Source: Stellar MLS #A4632665 Report a problem
    4/1/2025Pending sale$4,700,000$1,192/sqft
    Source: Stellar MLS #A4632665 Report a problem
    1/31/2025Listed for sale$4,700,000+301.7%$1,192/sqft
    Source: Stellar MLS #A4632665 Report a problem
    3/24/2017Sold$1,170,000-9.9%$297/sqft
    Source: Stellar MLS #A4147382 Report a problem
    2/9/2017Pending sale$1,299,000$329/sqft
    Source: NO COMPANY PROVIDED #A4147382 Report a problem
    1/27/2017Price change$1,299,000-7.2%$329/sqft
    Source: RE/MAX ALLIANCE GROUP #A4147382 Report a problem
    11/17/2016Pending sale$1,400,000$355/sqft
    Source: RE/MAX ALLIANCE GROUP #A4147382 Report a problem
    11/10/2016Price change$1,400,000-6.7%$355/sqft
    Source: RE/MAX ALLIANCE GROUP #A4147382 Report a problem
    8/18/2016Price change$1,500,000-6.3%$380/sqft
    Source: RE/MAX ALLIANCE GROUP #A4147382 Report a problem
    5/28/2016Price change$1,600,000-13.5%$406/sqft
    Source: RE/MAX ALLIANCE GROUP #A4147382 Report a problem
    2/29/2016Listed for sale$1,850,000$469/sqft
    Source: RE/MAX ALLIANCE GROUP #A4147382 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$33,716 -9.1%$2,244,900 -11%
    2024$37,092 +2.2%$2,521,400 +2.6%
    2023$36,299 +32.3%$2,457,600 +36%
    2022$27,446 -12%$1,807,500 -8.6%
    2021$31,194 +3.2%$1,977,300 +6.1%
    2020$30,219 -2%$1,864,400 -0.6%
    2019$30,828 $1,875,455 +61.2%
    2018$30,828 +61.7%$1,163,600 -23.2%
    2017$19,059 +84.5%$1,515,400 +2.4%
    2016$10,332 $1,479,200 +9.1%
    2015$10,332 +0%$1,355,700 +124.2%
    2014$10,330 +0.2%$604,683
    2013$10,310 +3.8%$604,683 +1.7%
    2012$9,930 +5.3%$594,575 +3%
    2011$9,434 -0.7%$577,257 +1.5%
    2010$9,505 +9.5%$568,726 +2.7%
    2009$8,679 $553,774 +0.1%
    2008$8,679 -0.4%$553,221 +3%
    2007$8,713 $537,108 +2.5%
    2006-- $524,008 +3%
    2005-- $508,746 +3%
    2004$8,801 -0.8%$493,928 +1.9%
    2003$8,868 +3%$484,718 +2.4%
    2002$8,614 +7.8%$473,357 +1.6%
    2001$7,991 +2.5%$465,903 +3%
    2000$7,793 $452,333
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Alta Vista Elementary
    • Middle: Booker Middle
    • High: Booker High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $3,461,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,461,800

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